Alturas Signs Mining Agreement on Its Iron-Copper-Gold Pampa Colorada Project in Nort

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    • Jan 2009
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    Alturas Signs Mining Agreement on Its Iron-Copper-Gold Pampa Colorada Project in Nort

    TORONTO, ONTARIO and LIMA, PERU -- (Marketwire) -- 11/03/10 -- Alturas Minerals Corp ("the Company") (TSX VENTURE: ALT)(BVLAC: ALT) is pleased to announce that its 100% Peruvian subsidiary Alturas Minerals S.A. ("Alturas") has entered into an agreement ("the Agreement") with the Origen Group S.A.C ("Origen"), on its 100% owned 900 hectare Pampa Colorada claim ("the Claim") located in northern Peru. Under the Agreement, Alturas assigns Origen the right to mine iron ore from the Claim for a period of ten years in consideration for royalty payments to Alturas based on the tonnes of iron ore extracted. The Agreement stipulates

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